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MBA Named CIO For Penson Financial Services

June 18, 2010
By the My MBA Career Content Team – Find Top MBA Degree Programs

Many people decide to enroll in MBA programs because they feel the degree can help them climb the corporate ladder to executive positions. Because MBAs are trained extensively in business and ethics, many companies often seek their leadership when it comes to filling a managerial position.

Penson Financial Services, which is part of a company that focuses on providing execution, clearing, custody and technology infrastructure products to financial services firms, recently announced the appointment of Andrew Konchan to chief information officer (CIO).

In addition to having an MBA degree, Konchan has an array of experience in the securities industry, dealing with implementing strategy and creating growth opportunities in the companies he's worked for.

"In his considerable leadership roles, Andy has delivered many high value projects that resulted in improved scale and processing efficiency," said Bill Yancey, president and chief executive officer (CEO) of Penson Financial Services. "Andy's expertise aligns perfectly with our mission to become the best provider of clearing and execution services in the world."

If you're interested in moving through the ranks at a faster pace, an MBA may be able to help you achieve this.

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Related Article Topics:  Finance

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